Technology

Credit bureau and payments data company Equifax has acquired TrustedID, a company that offers identity and privacy protection products.

Mobile payment processor Net Element International Inc. has agreed to acquire European payment network and terminal provider Quickpay in a move to gain traction in Russian cash-based markets.

Six banks in Poland have created a joint venture to develop common mobile payment standards to comply with national regulations — a move that leaves card networks out of the equation.

The payments processor Total System Services has signed an agreement with KBC Bank Ireland to launch the bank's debit card portfolio in Ireland.

Seeing coins as dead weight in payments, a startup called Coinvenience is designing a system to allow consumers to reject loose change by instructing retailers to deposit the leftover coins into a stored-value account at the point of sale.

LevelUp founder Seth Priebatsch could barely contain his excitement when discussing the possibilities of Google Glass, a mobile device built into a headset that Google sells only to a limited number of early adopters.

A group of payments companies experienced in international business have formed a network to support e-commerce merchants as they plan their global expansion.

Flipkart has expanded its e-commerce business in India by adding PayZippy, its own payment gateway software for merchants.

Retailers are bombarded with new mobile payment methods. Many merchants chose to move forward with two or more new technologies rather than bet their future on just one mobile wallet.

Google Glass, a headset built by Google to be the next big mobile device, doesn't do much yet. But its features open new possibilities to companies like Square, LevelUp and PayPal as they seek to take over the point of sale.